IMI plc (LON:IMI - Get Free Report) insider Luke Grant acquired 7 shares of IMI stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average cost of GBX 2,278 ($30.88) per share, with a total value of £159.46 ($216.13).
IMI Stock Performance
Shares of IMI traded down GBX 14 ($0.19) during trading hours on Friday, hitting GBX 2,246 ($30.44). The stock had a trading volume of 353,071 shares, compared to its average volume of 1,258,728. The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. IMI plc has a 12 month low of GBX 1,555.96 ($21.09) and a 12 month high of GBX 2,318 ($31.42). The firm has a market capitalization of £5.69 billion, a PE ratio of 23.02, a PEG ratio of 1.12 and a beta of 1.08. The stock has a fifty day moving average price of GBX 2,142.42 and a 200 day moving average price of GBX 1,975.98.
IMI (LON:IMI - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported GBX 56.10 ($0.76) EPS for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. Analysts anticipate that IMI plc will post 137.9737609 EPS for the current year.
Analyst Upgrades and Downgrades
IMI has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their target price on IMI from GBX 2,490 ($33.75) to GBX 2,500 ($33.88) and gave the stock a "buy" rating in a report on Thursday, August 7th. JPMorgan Chase & Co. lifted their target price on IMI from GBX 2,450 ($33.21) to GBX 2,500 ($33.88) and gave the stock an "overweight" rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft lifted their target price on IMI from GBX 2,250 ($30.50) to GBX 2,625 ($35.58) and gave the stock a "buy" rating in a report on Friday, August 1st. Royal Bank Of Canada lifted their target price on IMI from GBX 2,300 ($31.17) to GBX 2,475 ($33.55) and gave the stock an "outperform" rating in a report on Friday, August 1st. Finally, Peel Hunt reissued a "buy" rating and issued a GBX 2,450 ($33.21) target price on shares of IMI in a report on Friday, August 1st. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of GBX 2,516.67 ($34.11).
Read Our Latest Analysis on IMI
About IMI
(
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IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.
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